👉BITCOIN CURRENTLY⁉️
📌Bitcoin $BTC is currently at an interesting point, with a price of $105,590.98 and a variation of -0.37% in the last few hours. Although there has been a recent drop due to geopolitical tensions, some analysts see this drop as a buying opportunity.
📌According to historical data, Bitcoin has averaged a 64.6% increase 50 days after similar geopolitical events.
☑️*Some key points to consider:*
- *Support and resistance*: The current price of Bitcoin remains close to key support levels, such as the short-term cost base of $106,200 and $105,200.
- *Puell multiple*: This indicator suggests that Bitcoin is in buying territory, with a discounted Puell multiple indicating institutional accumulation and undervalued market conditions.
- *Historical trends*: The current drop could be a temporary market reaction, with historical precedents pointing to substantial gains in the coming weeks.
📌In summary, although the price of Bitcoin is low, some indicators suggest that it could be a good buying opportunity, as long as one considers the volatility and risks associated with cryptocurrencies.